Early Edition with Kate Hawkesby

The Hurricanes have revealed a $2 million loss is projected for the current financial year, after announcing a new leadership structure.  Local developer Malcolm Gillies has stepped in to buy the Wellington Rugby Union's 50% stake in the Super Rugby franchise.  NZ Rugby will also take a minority shareholding and bolster the 'Canes with loans.  Interim CEO Tony Philp told Andrew Dickens rugby’s had a difficult few years, but there’s certainly opportunities at the club to settle the finances moving forward.  LISTEN ABOVE  See omnystudio.com/listener for privacy information.